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Stock impact report

Silfex to increase manufacturing capacity 35% by end of 2025 [Yahoo! Finance]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Yahoo! Finance
Silfex, a division of Lam Research Corp., makes silicon components for machinery that then makes semiconductor computer chips used in various types of technology. During the crisis period of the pandemic when microchips were in high demand, the company was at 100% capacity, but now it is operating at about 50%, general manager Rob Skrobak said at a presentation Tuesday. Microchips are used in technology including cell phones, computers, gaming consoles, medical equipment, cars and some home appliances. They take about two to three months to produce, and there are almost 1,000 steps in the process, Skrobak said. Silfex employs about 1,000 people across its Eaton and Springfield locations, communications manager Kate Seegraves said. When asked if the capacity increase will affect the workforce, Seegraves said that the company assesses "our business operations on an ongoing basis, and will continue to make strategic decisions regarding our workforce as needed to best serve our c Show less Read more
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